The inquiry is reminiscent of investigations and lawsuits that have engulfed the industry’s biggest players in the U.S. in recent years, and it includes a review of multiple policies that are similar to those under scrutiny in the U.S. Continue reading
TAN CEO: “NAR is the architect and promoter of the disastrous Clear Cooperation Policy and is the only party with the power to rescind it” Continue reading
John L. Scott and Real Estate One reach settlement agreements in antitrust commission lawsuit filed in Missouri. Continue reading
Dana Bennett, who worked for Colorado’s largest multiple listing service for over a decade before leaving last year, will begin serving immediately. Continue reading
New CEO Nykia Wright told NAR’s board of directors the trade group’s next step will be to develop a “comprehensive” litigation strategy and size up any additional legal exposure related to its rules. Continue reading
Fifteen MLSs and 13 brokerages that chose to opt-in to NAR’s commission settlement will cough up an additional $30,587,754 in compensation to sellers, raising the settlement fund to nearly $450 million. Continue reading
After a decade leading the trade group’s legal team — including through sexual harassment scandals and numerous anti-trust commission lawsuits — Johnson is leaving. Continue reading
The suit names Equity Realtors, HomeSmart International and Fathom Realty as defendants. It also describes NAR as a co-conspirator, but doesn’t name the organization as a defendant. Continue reading
Nearly a hundred real estate professionals shared their thoughts on NAR’s Clear Cooperation Policy with Inman, revealing a schism between supporters and opponents of the controversial rule. Continue reading
Some real estate leaders say the focus on Clear Cooperation stems from the recent commission lawsuits. But other see a deeper question about brokerage profits at the heart of the issue. Continue reading